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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!! -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (4815)11/6/2007 3:51:40 PM
From: ravenseye  Respond to of 5673
 
yes, i know. it should be longer
in my opinion. oh well, maybe history
will repeat and he might screw up again
when he is free to do so! he has another
birthday to celebrate soon in club fed.
will you be visiting him anytime soon?
lma(zz)o give my regards if you do!
eh flo, isn't his house on the foreclosure
auction block?



To: StockDung who wrote (4815)11/6/2007 4:22:49 PM
From: StockDung  Read Replies (1) | Respond to of 5673
 
*SEC overturns ban on stock trader | Elgindy's firm also ordered reinstated
*
Conor Dougherty / STAFF WRITER 198 words

11 March 2004
The San Diego Union-Tribune / English

(c) 2004 San Diego Union Tribune Publishing Company. Provided by ProQuest Information and Learning. All Rights Reserved.

The Securities and Exchange Commission has overturned a decision by the National Association of Securities Dealers to ban San Diego stock trader Amr "Anthony" *Elgindy* from the securities business.

The SEC also said yesterday that it dismissed a $50,000 fine that had been imposed on *Elgindy* by the NASD and ordered that *Elgindy*'s firm, Key West Securities, be reinstated to NASD membership.

The SEC upheld the NASD's decision to impose a joint $1,000 fine on *Elgindy * and his firm.

"It was a good day," *Elgindy* said yesterday.

The fines and penalties had been levied a year ago after the NASD found that in 1997 *Elgindy* manipulated the price of a penny stock, Saf T Lok, a Pennsylvania company that made trigger locks for firearms.

"We cannot conclude that the evidence demonstrates that (*Elgindy* or Key West) engaged in a manipulative scheme," the SEC's opinion stated.

*Elgindy* is scheduled to stand trial in June on unrelated allegations of securities fraud. He declined to comment on that matter.

Conor Dougherty: (760) 476-8245; conor.dougherty@uniontrib.com